Bisichi Share Discussion Threads

[green sand] 11/11/2005 12:47

Topped up, could not resist at this price, forward per of less than 10 with a predicted eps growth of 100%+ gives a peg of 0.09! Cash flow in excess of eps and greater than cap ex. Even if Evo are wearing the usual rose coloured specsavers there is plenty of scope. The demand for the product is still high and with the deals that are in place it should stay that way.

Good Luck

GS

[green sand] 10/11/2005 15:44

And an hour after the deal is timed, probably when it was posted the share price starts north, has all the hallmarks of somebody either needing the money badly or that deal was not going to hurt too much personnally. Either way it looks as though it was obvious to the buyer.

[skyracer] 10/11/2005 15:01

I sometimes wonder about the personal circumstances behind what appears to be a distress sale, like the 10000 @ 263p today when the bid/offer is 275/285p. Perhaps a person has become deceased, or its part of a divorce settlement, or the money is urgently needed ? ( em bisiboy, whats with the gap? )

[bisiboy] 03/11/2005 14:13

well said forget the price swings

[chester] 03/11/2005 10:20

Skyracer - you are so correct. Well done for holding.

[skyracer] 02/11/2005 12:46

Hi chester. Now that you have sold, BISI is sure to recover....

The interim results were a little disappointing, I was hoping for at least eps 8p, but it seems they had operational problems in the first quarter which they resolved by installing a breaker/feeder and surge bin and improving their working practices. These are designed to convert a variable flow of material (surges and stops) into a continuous steady flow. The second quarter was good they say, and this seems to have continued into the third quarter, so hopefully the second half will be better than the first. Getting your process flow balanced and reliable can produce dramatic improvements in output whatever your industry.

I notice they have "achieved a 19% increase in the price of our domestic coal supply contract to the ferrochrome industry". Further protection against price fluctuations.

I am still in, taking a long term view, which remains very good IMO. BISI has always been a volatile share however so who knows what will happen. BTW what are Numis doing for their money anyway ?

[chester] 02/11/2005 11:01

Sorry Guys, I sold the last of my holding today. I will look to get back in later.
I've also sold nearly my whole portfolio of stocks now....

[green sand] 26/10/2005 13:03

Good man! Your dulcet tones are music to my ears

[chester] 26/10/2005 12:53

I'm talking....

[green sand] 24/10/2005 10:30

Morning chester, keep talking, seems to have a good effect:-)

[chester] 24/10/2005 10:00

Looking better now...

[myopia] 22/10/2005 20:14

well that's useful to know isn't it, the shares being good value at 253p when the current price is 292p! That means that if the price stays the same by next week's issue, they could claim to have already made investor's 16% since their last recommendation. What a con!

[green sand] 22/10/2005 14:45

The Chronic he say Hold! They think the shares "arguably" got ahead of events at 437p! Wonderful thing 20-20 vision ain't it. "Our advice to take profits on the 22nd July looks to have been well timed as the shares dropped 70p on release of results to 30th June". No mention of the fact that the whole market is bloody and has gone south for an early winter break.

Some good bits about increase from Black Wattle, the demand for coal still high and the 12m resource from BHP on stream 2007.

For those still on board they rate it "good value" at 253p.

To be fair to IC BISI was a Tip of the Year on 7th Jan at 201p, much lower than my entry point, well done IC, I must pay more attention in future.

[diogenesj] 21/10/2005 16:46

Yes, well done, Chester. But I have to say the market is looking bloody awful, and mine won't be eating out much for a bit. :-(

[green sand] 21/10/2005 16:42

Well done chester, a few punters jumped ship in the last 30 mins, the fact that this did not move the share price can only be good, even if there is only Numis on the bid. But all in all a reasonable day under the circumstances. The markets on the whole are cr*p. I am off down the pub with my first day in the blue for a while and its her indoors birthday! Made enough paper profit to buy her a pie and a pint.

Have Fun

GS

[chester] 21/10/2005 16:13

My 265p Buy looking better now...

[green sand] 21/10/2005 11:12

K, for my personal benefit I hope your expectations are met, in this present market you need strong nerves with any share. USA up 130 one day down 130 next, calls for strong liquor never mind strong nerves. Anyhow its Trafalgar Day and England expects...

Good luck, I am still holding BISI and my breath:-)

[kathryna] 21/10/2005 10:53

expecting a good run now. you certainly need strong nerves with this share.

[chester] 19/10/2005 10:24

falling knife....

[kathryna] 19/10/2005 08:33

Nice one. Seems like a good level to be in. Just bought some myself.

[chester] 19/10/2005 08:30

OK. I've just bought some at 265p. I hope I'm not trying to catch a falling knife....

[chester] 19/10/2005 08:23

mmmm....pleased held off purchasing, for now.

[diogenesj] 18/10/2005 21:19

No flag, GS - didn't spot them myself until after hours. THN's another one that was down on what looked like good results. although not so much.

[green sand] 18/10/2005 18:52

Been away from a screen all day, just logged on to see a sea of red. Been seeing a lot of it of late. Could be some more to come before this market settles.

Wasn't expecting BISI results today and with no flag, so thanks for the posts guys. I will have to catch up, and DJ, I need to do the same with THN.